Ofwat sets out details on crack down on exec pay

Ofwat has published its assessment of how performance related pay awarded to water company executives during 2022-23 was aligned to delivery ...

Ofwat sets out details on crack down on exec pay | Ofwat | Official ...

Ofwat has published its assessment of how performance related pay awarded to water company executives during 2022-23 was aligned to delivery for customers ...

Ban bonuses to water company bosses, Ofwat told - The Guardian

The anti-sewage campaigner Feargal Sharkey said: “Ofwat proves yet again that it lives in its own little fantasy world. 'Crack down on exec pay' ...

Ofwat sets out details on crack down on exec pay | Headlinemoney

Ofwat offers an out-of-hours media enquiries service for journalists only. This is available until 9 pm weekdays and between 9 am and 9 pm at weekends and bank ...

Ofwat on X: "Today, we've published our assessment of how ...

Today, we've published our assessment of how performance related pay awarded to water company executives during 2022-23 was aligned to ...

Water regulator starts a 'crackdown' on bonuses about 30 years too ...

About 30 years too late, many might say, here comes Ofwat with details on how it will “crack down”, as it puts it, on executive pay in the ...

Government cracks down on bonuses for water company bosses

Water bosses are set to be banned from receiving bonuses if a company has committed serious criminal breaches, the Environment Secretary has ...

Ofwat cracks down on water company executive pay

The regulator will apply the recovery mechanism from next year to block customers from covering inappropriate executive bonuses and will ...

Water and sewage companies: Executive remuneration - Lords Library

Ofwat, the economic regulator of the sector, has announced tighter measures on water company executive bonuses when they have not been sufficiently earned.

Ofwat considers clawback rule for executive bonuses - Utility Week

Setting out how it would administer the new powers afforded it by the ... executive pay when a company is found to have broken the law.

Letter from Ofwat to the Chair in relation to ... - Senedd Business

The report looks at the 16 largest companies in England and Wales and is the latest step we have taken as we crack down on inappropriate pay ...

Compensation from water companies to be doubled in crackdown ...

i exclusively revealed in July that the new Environment Secretary Steve Reed planned to prevent water companies from diverting funding towards ...

Landmark legislation to crack down on bosses for polluting water

Ban on Executive Bonuses: The Bill will empower Ofwat to ban performance-related pay and bonuses for water company executives unless they ...

Labour introduces landmark legislation to crack down on bosses ...

This Bill will give Ofwat powers to ban the payment of performance-related pay including bonuses to chief executives and senior leadership ...

Protecting customer interest on performance related executive pay

... the company is doing enough to crack down on sewage pollution; and that ... As set out in our consultation, the details of the operation of the ...

Coverage of Government action on bonuses for water company ...

Last year 10 water bosses received bonuses, totalling £2.5 million. The ban would apply to all executive board members and Chief Executives and ...

Government publishes 'landmark' legislation to crack down on water ...

The government will also “go further”, the statement continued, by requiring Ofwat to set rules requiring water companies to appoint directors ...

Polluting water company chiefs' bonuses to be blocked | The Standard

Environment Secretary Steve Barclay is set to block payouts to executives of firms that are polluting rivers, lakes and seas, starting with ...

WQW0005 Supplementary written evidence submitted by Ofwat

I am writing to inform you about a report published by Ofwat today, setting out our assessment of 2022-23 performance related executive pay, as ...

Crackdown on water firms sees millions invested into local action

Up to £11 million from water company fines and penalties will be reinvested to directly improve the water environment.